It's not just regional bank shares that have been hit by the recent banking crisis — large-cap bank stocks have also tumbled. But some analysts think the slide is overdone, and retail investors flocked to buy the dip in the biggest, traditional American banks last week. Still, there may be more room to run. JPMorgan was down nearly 6% last week, while Bank of America tumbled 8% over the same period. Citi lost around 8.5%.
UBS also said that the underperformance of Bank of America's stock last week "befuddles," adding: "We think there is an especially compelling opportunity for BAC at these levels, given an already best-in-class deposit base prior to flight-to-quality benefits, solid capital and strong liquidity, and a fortress balance sheet built from a decade plus of "responsible growth" — which should be particularly valuable in a recession .
Which one is the Jonathan Kraft family involved in? Bank of America? I would say that’s a good bet.
😭🤪 is it bitcoin by any chance
Don't get fooled people . You don't want to hold em bags and calling it a diamond hands 😂🤣😂
😂
How long will you continue to lie to people... The American and European economy is getting incredibly bad. you can't hide it from people... banks are crashing... inflation and interest rates are rising.. people don't trust banks anymore
Bookmarking
If Cramer is the analyst lol I feel sorry for’em 😂😂😂😂
This type of manipulation you guys are doing here should be illegal, just saying some of us can cut right through the b.s. you spread trying to dump your bags on retail
did jim cramer say anything to this?
trick question. Its $SOFI
Well if they first go down 35% then back up 50% is that going to count?
There ought to be a global movement against militarization of national budgets,against barriers to global free trade,law & justice, against intl wars & to setup supra national New Fed dem UN for regulating intl relations by law, new dem UNSC to enforce law,ICJ an independant one?
Don’t put all your eggs in ONE basket.
Plot twist, they both go down 100%
Set to soar 🤣
You mean dump by 50%?
JPM
No thanks, they’re all garbage. And throw in a few insurance companies in the pile too…Met Life and New York Life. All garbage.
What does Jim Cramer say? Now do the opposite. Guy is a disgrace
Giving out financial advise again? GaryGensler SECEnfDirector
Bank of America just got 15 Billion dollars in deposits after collapse of SVB. Good thing for BoA, but it still might not be enough to prevent it's collapse. BoA is on the chopping block for sure. And Jim Cramer said JPM is a fortress, so its only a matter of time before they…
Its all so rigged!
What... the.... 50% ? What major announcement do they project that would cause a 50% rise in BoA or JP Morgan
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